Personal BankingLoansLoan against Securities

Loan against Securities

(Get high value loans against NIFTY 100 shares)

Meet your urgent needs for cash without selling off your NIFTY 100 shares. Pledge your Scrips and get instant loan/credit limit at a lesser interest rate and minimal documentation.

  • Overdraft facility
  • Loan for personal needs
  • Loan disbursal happens within a day
  • Minimum loan Amount: Rs.50,000/- per individual
  • Maximum loan amount: Rs.20 lacs per individual
  • The securities can be held in any one’s/joint name
  • Easy Repayment & Transparent processing
  • Tenure 36 months
  • No CIBIL check
  • Low interest rate
  • No pre-closure charges
  • No prepayment penalty
  • No selling off securities
  • Pay interest only on the actual amount utilized
  • Any time liquid money is vested with the customer in OD account
  • Applicant’s Share holdings need to be in SIB Demat account
  • Minimum 3 Scrips of NIFTY 100 shares need to be pledged
  • Collateral value of any one scrip should not exceed 50% of the total collateral amount
  • In case of joint holding, all the holders should join the loan application/documents
  • Total outstanding per individual should not cross the limit of Rs.20 lacs in LAS scheme
  • Funding is 50% of the market value of the scrip
  • Minimum Age is 21 & Maximum Age is 70
Processing fee
5000 + GST
Pledge/unpledge Charges
100 + GST per ISIN
NESL charge
50 + GST
Stamp Paper charges
State wise charges

Agreement + Pledge+ Guarantee (if applicable)


Documents required

  • Application form & Declaration from customer - Click Here
  • Pledge form (NSDL/CDSL)
  • Latest Demat holding statement
  • Client Master List of demat